Google and Face­book’s Bat­tle Over the Fu­ture of Tech

HWM (Singapore) - - Contents -

Ti­tan Aero­space is a small tech startup founded in 2012, em­ploy­ing just 20 people. A few months ago Face­book tried to buy it for a re­puted US$60 mil­lion. What does Ti­tan Aero­space do? For the past two years, it has been de­vel­op­ing un­manned, so­lar-pow­ered air­craft drones that will the­o­ret­i­cally be able to fly for years in the Earth’s up­per at­mos­phere with­out ever land­ing. Google was also in­ter­ested in Ti­tan, and even­tu­ally was able to ac­quire it in April this year for an undis­closed amount. Mean­while, Face­book opted to buy an­other drone maker, the UK-based As­centa, for US$20 mil­lion.

But just what does a so­cial me­dia leader and a search en­gine gi­ant want with a com­pany that makes air­craft drones?

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